Smithfield Foods, Inc. (SFD)

Smithfield Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2015
Period Ending	Jun 29, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2016
Revenue	14,844	14,142	14,640	16,199	15,009	14,438
Revenue Growth (YoY)	1.39%	-3.40%	-9.62%	7.93%	3.95%	-3.94%
Cost of Revenue	12,808	12,294	13,552	14,553	13,424	12,683
Gross Profit	2,036	1,848	1,088	1,646	1,585	1,755
Selling, General & Admin	830	834	837	805	1,055	973.3
Other Operating Expenses	-8	-8	-11	-6	-11	-
Operating Expenses	822	826	826	799	1,044	973.3
Operating Income	1,214	1,022	262	847	541	782.1
Interest Expense	-53	-66	-76	-87	-93	-133.8
Earnings From Equity Investments	1	8	-46	-6	28	11.7
Currency Exchange Gain (Loss)	-	-	-	-	-	-54.6
Other Non Operating Income (Expenses)	2	2	-1	-	-11	55.3
EBT Excluding Unusual Items	1,164	966	139	754	465	660.7
Merger & Restructuring Charges	2	7	-109	-151	-	-
Gain (Loss) on Sale of Investments	-	-	-	16	-	-
Gain (Loss) on Sale of Assets	6	5	3	417	-	-
Asset Writedown	-1	-1	-1	-	-7	-
Legal Settlements	-73	-	-208	-	-	-
Other Unusual Items	10	83	-3	-	-6	-12.8
Pretax Income	1,151	1,069	-174	1,042	485	647.9
Income Tax Expense	309	271	-41	231	97	195.6
Earnings From Continuing Operations	842	798	-133	811	388	452.3
Earnings From Discontinued Operations	84	172	155	70	85	-
Net Income to Company	926	970	22	881	473	452.3
Minority Interest in Earnings	-18	-17	-5	-11	-1	-
Net Income	908	953	17	870	472	452.3
Net Income to Common	908	953	17	870	472	452.3
Net Income Growth	5241.18%	5505.88%	-98.05%	84.32%	4.36%	-18.67%
Shares Outstanding (Basic)	386	380	380	380	-	380
Shares Outstanding (Diluted)	391	380	380	380	-	380
Shares Change (YoY)	2.98%	-	-	-	-	-
EPS (Basic)	2.35	2.51	0.04	2.29	-	1.19
EPS (Diluted)	2.32	2.51	0.04	2.28	-	1.19
EPS Growth	5097.59%	5505.97%	-98.04%	-	-	-18.67%
Free Cash Flow	733	744	633	178	573	325.9
Free Cash Flow Per Share	1.87	1.96	1.67	0.47	-	0.86
Gross Margin	13.72%	13.07%	7.43%	10.16%	10.56%	12.16%
Operating Margin	8.18%	7.23%	1.79%	5.23%	3.60%	5.42%
Profit Margin	6.12%	6.74%	0.12%	5.37%	3.15%	3.13%
Free Cash Flow Margin	4.94%	5.26%	4.32%	1.10%	3.82%	2.26%
EBITDA	1,548	1,358	604	1,204	872	1,016
EBITDA Margin	10.43%	9.60%	4.13%	7.43%	5.81%	7.04%
D&A For EBITDA	334	336	342	357	331	234.1
EBIT	1,214	1,022	262	847	541	782.1
EBIT Margin	8.18%	7.23%	1.79%	5.23%	3.60%	5.42%
Effective Tax Rate	26.85%	25.35%	-	22.17%	20.00%	30.19%
Advertising Expenses	-	97	123	127	116	211.4

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q